Nick Khan has again reiterated that Vince McMahon is prepared to leave the company for a second time if it is in the best interest of shareholders.
After Vince McMahon forced his way back into WWE in early January, it became clear that the company is up for sale.
McMahon stated that his sensational return to the company was purely to help facilitate a sale and secure improved media rights deals. However, the nature of McMahon’s comeback has led many to believe that he has no intention of leaving again, even if the company is sold.
Nick Khan Claims Vince McMahon Will Leave WWE Again If Required
In response to these concerns, CEO Nick Khan has moved to reiterate that Vince McMahon is determined to do what is best for business. This could include stepping down to maximise the value of any sale, or stepping down once a sale has been completed.
“Yes. Without question. He’s declared it to the board. He’s declared it to us in management. It’s all about shareholder value. Obviously, he is a shareholder. So it’s not about what role he’ll have. It’s about maximizing that value opportunity,”
Khan was also asked about what WWE are seeking in a partner. He explained that there’s more to any partnership than someone simply coming in with a lot of money to spend.
“A partner that has more than simply deep pockets. So a partner that understands the media business, that’s in the media business, that understands how to further monetize the media business. [Also, a partner] that certainly understands our product, our intellectual property, what we’re doing with it, what can be done with it. Media rights, both domestically and internationally. We see the international growth opportunity is huge. So these are folks, in terms of choosing the right partner, these are all things that we’re going to be looking at in terms of who can accelerate our business. Again, what’s the best value for our shareholders?
During the call Triple H also addressed McMhaon’s return to the company. Triple H was incredibly positive about the presence of his father-in-law, commenting that he is a “tremendous asset.”
After competing at WrestleMania 38 against Pat McAfee, Vince McMahon stepped away from WWE in July following a series of sexual misconduct allegations.
H/t to Fightful